One of the most common questions I get asked is, "How do you find houses to flip?"

In this week's video, host Michael Owen explains his best technique to locate homes to flip. For a relatively small investment, you can purchase data lists of people behind on their mortgages. These lists can be custom-ordered to criteria that you are looking for. You can specify the price range, location, and other factors.

Michael uses DataListLeader.com. Ziggy at DataListLeader can get you the information you need at a reasonable price.

From there, you need to send out mailers to the people on that list. It is important to use envelops or postcards that stand out from other mail. We often use yellow paper, and handwritten addresses on the envelopes.

It is a good idea to contact the same people 3 times, a few weeks apart. This has been shown to be more effective than contact 3 times as many people one time.